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Topic: Bounty hunters aren't responsible for dumps - page 2. (Read 1454 times)

copper member
Activity: 1190
Merit: 3
I should say even if all bounty hunters sell their tokens, it would not affect the price as the token pool is 5, 3, or even less percentage of total token supply. Its the early, private investors or team who are responsible for price dump.
full member
Activity: 1610
Merit: 103
The OGz Club
yes I strongly agree, indeed the bounty hunter is not a dump! Coins from projects that are not clear will experience dumps that are common,
look at the Cartesi case, even though tokens are distributed the price of CTSI is still good at binance
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
Although bounty hunters are known as "Dumper", it is not really right to evaluate these people as such.  Of course, it is possible that the price will decrease to a certain level with the sales transactions of these people, but these people are not responsible for many serious price decreases.  In addition, if we think that the budget allocated by the projects for these campaigns is in the range of 5-8% compared to the circulating supply, we can understand that it is not possible to create the mentioned price drops with such a low amount.
even 8% is too much, sometimes the allocation is only up to 2% or even thereabouts. however, the first mistake will be the bounty hunter. Well, maybe because the moment is always right that the price reduction occurs when the bounty allocation has been distributed. this has always existed.
hero member
Activity: 1666
Merit: 629
Although bounty hunters are known as "Dumper", it is not really right to evaluate these people as such.  Of course, it is possible that the price will decrease to a certain level with the sales transactions of these people, but these people are not responsible for many serious price decreases.  In addition, if we think that the budget allocated by the projects for these campaigns is in the range of 5-8% compared to the circulating supply, we can understand that it is not possible to create the mentioned price drops with such a low amount.
hero member
Activity: 1946
Merit: 502
Yes thats right im a bounty hunterr and i do not agree to what they say that we bounty hunters are the responsible for dumps, what they dont know is that investors should be blame for dumos becuase of thier greedy to immediately sell for quick profit or maybe the bounty project isnt that good that why they dump the coins.
jr. member
Activity: 117
Merit: 1
bounty hunters are never the reason for dump, the allocation of funds given to prize hunters is indeed very small, so it has very little effect on the token dump. Those who blame bounty hunters are only trying to hide their weakness. Most of the dumps are caused by token sale participants who got this tokens together with huge discount and bonuses. Since they don't care about the prices, they sell off their hugely discounted tokens to a point that it crashes the market prices and ruining it all for everyone involved.
full member
Activity: 630
Merit: 100
The reasons why bounty hunters are the reason why the price of some tokens is dump after its lunch from some exchange is they flocked to sold all of their tokens in a single day. just like what I have seen in my ESH token a few days ago. it reaches its all-time high and after a few days, the price went down to -8.994578292 ESH $ 0.91(-93.74%). the problem with the bounty hunter is, they don't have the same mindset and most of them follow the others when they sold their tokens because they fear that the token I mentioned will probably happen to them. can you imagine the highest token you hold will fall down to -93.74% in a single day?
Well, is it wrong when I sell rewards in return for my hard work because there are good opportunities?
I think investors have also played a role in the decline, since 2018 it has been very much awaited by the holders of ESH.
So, don't blame anyone, bounty hunters and investors deserve the best opportunity. If there is no buy back, it means that many traders or investors choose to take it off, maybe wait until there is a good development from the team.
full member
Activity: 700
Merit: 105
APESWAP
Bounty hunters are not responsible for token dump on exchanges. Hunters are paid months after the campaign, some projects are long listed on exchange with little or no liquidity. The tokens allocated to hunters are not enough to crash token price on exchange the earlier projects accepts this the better. Hunters
full member
Activity: 318
Merit: 100
Only projects that do not focus on developing a real-world application, are canceled when their bounty hunter is rewarded. I guess it's not true that stopping bounty hunters from dumping. Because, that's their income so they have the right to do whatever they want.
sr. member
Activity: 518
Merit: 256
Living the truth....
because bounty distribution usually takes a long time even though tokens or coins are open after Ieo / ico so it can't be said that bounty hunters are dumpers of prices, instead we expect token prices to be more than ieo / ico prices and not all tokens / coins from bounties make prices even a little dump is sold because the reward is not too much
It's hard for you to see the price of a token when trading is higher than the price of an ICO or an IEO. Most projects collapsed when listed because no one was interested in new projects, and caused it to have no liquidity.
hero member
Activity: 3038
Merit: 526
Leading Crypto Sports Betting & Casino Platform
i agree with this as my self, a bounty hunter as well.. not all bounty hunters are the one responsible for the dump.. some yes but not at all
Only some people were selling their coins to the market but we have learned a lot of experience if the majority of hunters are still keep their coin whether it's on wallet or exchange site, The hunters must not be blamed again and never again.
full member
Activity: 742
Merit: 101
i agree with this as my self, a bounty hunter as well.. not all bounty hunters are the one responsible for the dump.. some yes but not at all
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
Projects that goes about blaming bounty hunters are either looking for a way to shift blames or are looking for a reason not to pay, that's the way I see it and it has been looking as such. Take a look at a project delaying rewards for months and then when it gets to distribution date they will look for an excuse. Good projects hardly bothers nor have time to blame bounty hunters or give excuses, they try their best to work on their products such that the platform will always retain a good and valuable look. Also, some projects team are ready to dish out bonuses to attract investors but when the dump comes, they fall back to blame hunters for selling thus exposing how weak they  are.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
because bounty distribution usually takes a long time even though tokens or coins are open after Ieo / ico so it can't be said that bounty hunters are dumpers of prices, instead we expect token prices to be more than ieo / ico prices and not all tokens / coins from bounties make prices even a little dump is sold because the reward is not too much
Quite unfortunate some of these blames are on bounty hunters despite all their efforts in ensuring a successful promotion of those tokens while waiting endlessly before distribution, a lot of bounty hunters knew that dumping when listed is not the best idea of earning money rather I would blame investors who bought at ICO price with bountiful bonuses while seling off when the coin is listed thus making some small profits.
legendary
Activity: 2100
Merit: 1058
Lower bounty is still better compared to giving your coin that you created and get it dumped. Project managers do not realize that you are creating a currency that could worth hundreds of thousands of dollars easily, also you could reach to millions of dollars if you want to as well.

It means if you do actually end up spending your money on bounty but give back bitcoin, ethereum, usdt or whatever you are going to keep most of your own coin to yourself while getting investments and nobody will be dumping, since they don't dump your coin will worth more. Which one would you pick, giving out millions of your token for bounty but then later they dump it so quickly that your market cap drops by 200k? Or would you like to spend 100 ethereum or 200 ethereum (whatever you want) but then your coins will worth more and more, over 500 ethereum worths more just because they couldn't dump it.
legendary
Activity: 2268
Merit: 1655
To the Moon
yes couldn't agree more.
for example
a coin was sold for a dollar in ICO,
then promo or events for a short period of time, selling 10coins for a dollar.
investors would buy that. and when release comes,
they could dump the token far from its original and supposedly value basing on ICO.
and actually gaining money from it.

sometimes the team and the investors should be blame when dumping strikes and devastated the value of the token

As a rule, the bounty pool is 1-3% of the total number of coins issued. Therefore, even if all the bounty hunters decide to sell their coins, this will not affect the price in any way. Moreover, the payment for the bounty is carried out much later than the coin begins to be traded on the exchange. And as a rule, by that time the price of the coin is already trading cheaper than the ICO price by several times.
hero member
Activity: 2184
Merit: 585
You own the pen
The reasons why bounty hunters are the reason why the price of some tokens is dump after its lunch from some exchange is they flocked to sold all of their tokens in a single day. just like what I have seen in my ESH token a few days ago. it reaches its all-time high and after a few days, the price went down to -8.994578292 ESH $ 0.91(-93.74%). the problem with the bounty hunter is, they don't have the same mindset and most of them follow the others when they sold their tokens because they fear that the token I mentioned will probably happen to them. can you imagine the highest token you hold will fall down to -93.74% in a single day?
full member
Activity: 532
Merit: 132
yes couldn't agree more.
for example
a coin was sold for a dollar in ICO,
then promo or events for a short period of time, selling 10coins for a dollar.
investors would buy that. and when release comes,
they could dump the token far from its original and supposedly value basing on ICO.
and actually gaining money from it.

sometimes the team and the investors should be blame when dumping strikes and devastated the value of the token

member
Activity: 1204
Merit: 38
Project team need a reason to mention about their dump so their view always turns into the side of bounty hunters.Bounty pool is too small for the dump but even if that amount don't want to effect the project token's value after listing on exchange why they are not ready pay the hunters in bitcoin?
sr. member
Activity: 1988
Merit: 453
Bounty hunters will eventually dump their tokens, that's what they worked for, why requires their services if you are going to end up blaming them for dumps? This is not cool, other options are available to pay bounty hunters, stable coins for example?

Can't put it any better than this. Bounty hunters spend a lot of time and effort in popularizing projects, and all they get in the end is blame and abuse. As Festac has posted, if the promoters don't want the hunters to dump their tokens, then the payment can be done in either USDT or Ethereum? But will the greedy promoters be ready for that?
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